Whats everyone's toughs on SquarEnix remaking Final Fantasy VII the PS1 classic?

While most of us who played during that era know it to be a classic, it would have a had time catching initial interests from today's gaming generation. A solid update will give us an opportunity to not only relive the amazing storyline while enjoying updated graphics, and would serve as an easy way to draw in new players unaware of the gloriousness that is FFVII!